MINNEAPOLIS — Target Corp. chief merchant Mark Tritton is resigning to become CEO of Bed, Bath & Beyond. With his departure, Target has tapped Christina Hennington and Jill Sando, two executives with nearly 40 years of combined experience with the company, to head the retailer’s merchandising organization on an interim basis. They will report directly to Target
MINNEAPOLIS — Consumers who shop at the new ToysRUs.com web site that launched on Tuesday will actually be buying from Target Corp. Tru Kids Brands, the new owner of the Toys”R”Us brand, is relying on Target’s toy assortment, digital capabilities and fulfillment services to support its new online Toys”R”Us shopping venue. “Target’s leadership in toys,
MINNEAPOLIS — Target Corp. will create Disney-themed sections in 25 of its stores in October — with 40 more slated for next year — offering merchandise from Walt Disney Co. franchises including Pixel, Marvel and Star Wars. Target will open a new store near the entrance of Walt Disney World in Orlando, Fla., in 2021,
MINNEAPOLIS — Target Corp. has named Hari Govind senior vice president of infrastructure and operations for the company’s technology team. Govind’s responsibilities will include overseeing cloud-and-compute capabilities, network connectivity and operations for the technology that powers Target’s stores, digital channels, distribution centers and office locations. He will report to Target executive vice president and chief
MINNEAPOLIS — Target Corp. plans to celebrate the 20th anniversary of its first designer partnership this fall by bringing back past customer favorites for a limited time. The retailer said Thursday that it will bring back nearly 300 original items from 20 past designer partnerships. The limited-edition collection spans apparel, accessories, home décor and kitchen
MINNEAPOLIS — Target Corp. on Monday gave its first preview of the bargains it will offer during its “Deal Days” event, which will be held on July 15 and 16. Target promises that the two-day sales event — which is being held on the same days as Amazon’s Prime Day event — will offer deals
MINNEAPOLIS — Target Corp. today reported revenue rose 5% to $17.6 billion in the first quarter of fiscal 2019 as it brought more customers into to its stores. Once there, shoppers spent more than in the previous quarter, the company said. Same-store sales increased 4.8% while comparable digital sales surged 42%. Online sales represented 7.1%
MINNEAPOLIS — Target Corp. said Thursday that it is boosting its minimum hourly wage from $12 to $13, beginning in June. Target has promised pay all its workers at least $15 an hour by the end of 2020. The company made that vow in 2017, when it raised its minimum hourly wage to $11. Last
NEW YORK — Target Corp. held a ribbon cutting this week for a store in the Kip’s Bay neighborhood of Manhattan. The outlet, which will officially open on Sunday, is the retailer’s fifth small-format store in Manhattan and its 78th store in the greater New York area. Target also opened two small-format stores this week
MINNEAPOLIS — Target is teaming up with the casual apparel brand vineyard vines to offer a limited-edition collection of clothing, accessories and home goods. The line is set to debut in the retailer’s stores and on its website on May 18, and will be available through July 13, or while supplies last. Target has had
MINNEAPOLIS — Target Corp. has launched a bargain brand called Smartly, mostly featuring household products priced at $2 or less. The private label line comprises more than 70 items, including hand soap, paper plates, household cleaners and razors. Prices range from 59 cents to $11.99, but most items are under $2. “Over the past few
MINNEAPOLIS — Target Corp. is upping its delivery game as it vows to be the “easiest place to shop for the holiday season.” Target said Tuesday that it will become first retailer to offer same-day delivery and drive up service coast to coast. The retailer said its will also offer free two-day shipping to all customers,